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Art Market
Dress Worn By Princess Diana Fetches Over $600K At Sotheby’s
A strapless gown designed by Victor Eldenstein and worn by Princess Diana sold for $604,800 at a Sotheby’s auction recently.
The dress was designed by Victor Eldenstein – who was a regular designed for Princess Diana - in 1989. The dress…
Philips Rakes $1.3B Revenues In 2022, But Fails To Show Significant Growth
The auction house Philips brought $1.3 billion in revenues in 2022, but saw a trivial growth over last year as well as a slump in Asia.
In an announcement last week, Philips revealed their revenues for the year 2022. While the $1.3…
Collecting $8.4B In 2022 Revenues, Christie’s Sets Record For Any Auction House
Christie’s announced that it racked a total of $8.4 billion in revenues in 2022 – a record-high not just for itself, but for any auction house ever.
The positive announcement was delivered with a somber note by Guillaume Cerutti, the…
With $8B Projected Sales, Sotheby’s Announce Big Plans
Sotheby’s announces $8 billion of projected sales in 2022, along with expansion in Hong Kong.
The $8 billion figure is the new record for the auction house in any given year, surpassing last year’s $7.3 billion. It is also much higher…
Max Beckmann Portrait Sets German Auction Record, Fetches $20M+
A self-portrait by German artist Max Beckmann fetched $20.7 million on Thursday, making it the highest-selling work in German auctions ever.
The work was sold on Thursday at the Grisebach auction house in Berlin. Titled “Selbstbildnis…
Led by $7M Works By Agnes Martin and Philip Guston, Art Basel Miami Beach Opens A Success
The 2022 edition of Art Basel Miami Beach was reported to be a success with multiple $1 million+ sales, despite lukewarm anticipation.
Art Basel Miami Beach opened on Tuesday to a good reception. Authorities reported that 50 works were…
Elizabeth II Print By Warhol Sells For $855,000, Setting Record
A print of Queen Elizabeth II by artist Andy Warhol was sold for $855K last week in Toronto, setting a new record for that series.
The royal blue print of Elizabeth II was one of the four prints Andy Warhol created in 1985. Part of his…
Love Letters By Bob Dylan Fetch $700K At Boston Auction
Handwritten love letters and other memorabilia by Bob Dylan were a hit at the “Marvels of Modern Music” auction in Boston.
A single lot, consisting of 42 love letters by Bob Dylan to Barbara Ann Hewitt, sold for nearly $700,000. Dylan’s…
Christie’s Cancels Anticipated T-Rex Sale Over Fake Bones Speculations
The $15-20 million auction of a T-Rex skeleton in Hong Kong by Christie’s has been canceled over concerns about how many bones in it were replicas.
The T-Rex, which was nicknamed “Shen”, was scheduled to go on the auction block in…
Hilma af Klint Relative Criticizes NFT Project On Her Works
Soon after the NFT project on the works of artist Hilma af Klint was announced, her relative has publicly condemned the move.
The criticism came from Hedvig Ersman, who is the granddaughter of Erik af Klint (nephew of the artist). Ersman…